uestion 23 Marching Union Ltd. requires $900,000 in financing for a 45-day period. Three alternatives are being considered. Which alternative should be selected? a) Establish a line of credit with the bank at an interest rate of 10 percent. The bank will charge an annual commitment fee of $2,500 percent to establish the line of credit. (3 marks) b) Forgo trade discounts from suppliers on terms of 2/15, net 60. (2 marks) c) Issue commercial paper for 45 days at a discount of 1.72 percent. (2 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I v s Paragraph Arial V 10pt Ex2 X2 T Is